Visa Selects 5 Startups For Its Visa Accelerator Program 2022 – $V $DIA

Published Apr 28, 2022
Financials & Fintech
Visa

By John F. Heerdink, Jr.

Reportedly, Visa Inc. (NYSE: V) has selected five startups to join the 2022 cohort of its Visa Accelerator Program in the Asia Pacific, Cymonz, Moneytree, Perfios, TallyKhata, and TripleA. The startups will work closely with Visa over the next six months creating defined commercial opportunities they can bring to the payment giant’s wide network of banks, merchants, government, and venture partners.

Launched in December 2020 in the Asia Pacific, the Accelerator Program is designed for startups that have launched and delivered successful solutions in their home markets and are looking for further growth. The Accelerator Program is ideal for growth-stage fintechs that are Series A and above, and have a long-term commitment to Asia Pacific growth, and existing operations in the region.

“Through the Accelerator Program, Visa supports the startup community by giving them a leg up in one of their key challenges, which is expanding their footprint beyond their home market and into the region. By combining Visa’s capabilities and the reach of our global network with the ingenuity of the startups, we can create new innovative experiences at scale. Globally, nearly 30 percent more fintechs issued Visa credentials in the last year, and they nearly doubled their payments volume^[1]. Together, we can help bring more individuals and businesses into the digital economy,” stated Chris Clark, president, of Asia Pacific, Visa.

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Its mission is to connect the world through the most innovative, reliable, and secure payment network – enabling individuals, businesses, and economies to thrive. Their advanced global processing network, VisaNet, provides secure and reliable payments around the world and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying its brand, products, people, network, and scale to reshape the future of commerce. To learn more about Visa (V) and to track its ongoing progress please visit the Vista Partners Visa (V) Coverage Page.)

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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